- Business
- Greenheart Gold Inc. (TSXV:GHRT, OTCQX:GHRTF) operates as a mineral exploration company focused on identifying, acquiring and exploring early-stage gold projects within the prospective Guiana Shield greenstone belts of Guyana and Suriname. The company maintains a portfolio of projects prospective for orogenic gold mineralization, including the Majorodam project in Suriname located 12 kilometers from the Saramacca deposit and featuring a confirmed north-south trending mineralized system at Heuvel Main extending at least 800 meters with diamond drill intercepts such as 11.5 meters grading 1.34 grams per tonne gold; the Igab project in northeast Suriname within the Marowijne Greenstone Belt; the Tosso Creek project in southern Suriname where a 3,000-meter trenching program targets extensive soil gold anomalies up to 5 kilometers long; and the recently optioned Gold Hill project in Guyana covering 40 square kilometers 13.5 kilometers east of Aris Mining's Toroparu deposit. Greenheart Gold employs systematic exploration methods encompassing geological mapping, soil sampling, trenching, geophysics including drone magnetics and Lidar, and diamond drilling to rapidly assess and advance targets.
Founded in 2024 as a Canadian corporation headquartered in Longueuil, Quebec, with operations in Georgetown, Guyana, and Paramaribo, Suriname, the company emerged as a spin-off from the July 2024 business combination of G Mining Ventures Corp. and Reunion Gold Corporation, receiving C$15 million in initial funding and retaining the former Reunion Gold exploration team behind the Oko West discovery. In September 2024, Greenheart Gold completed an upsized C$36 million bought deal private placement led by Canaccord Genuity to fund property acquisitions, exploration and working capital. Recent portfolio adjustments in November 2025 include confirming gold mineralization at Majorodam via an 11-hole 2,336-meter diamond drill program, commencing trenching at Tosso Creek, entering an option to acquire 100% of Gold Hill, and terminating options on Tamakay and Abuya in Guyana following extensive programs of soil sampling, trenching, geophysics and 1,473 meters of drilling that identified narrow high-grade veins insufficient for economic scale. These actions align with the company's strategy of swift project evaluation and replacement to prioritize drill-ready targets within 10 to 12 months.